Housing data for Wallace, ID
Wallace, ID has an estimated 1,027 residents and 626 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Shoshone County.
42.4% of households rent.
The median gross rent is $727 a month.
Figures last updated on .
- Residents
- 1,027 (±253)
- Housing units
- 626 (±109)
- Households that rent
- 42.4%
- Median gross rent
- $727
- Residents since 2015–2019
- +8.6%
What stands out in Wallace
Households without a vehicle: 14.1% (±7.4 points) in Wallace, higher than in Shoshone County (4.5%).
Households that rent: 42.4% (±11.3 points) in Wallace, higher than in Shoshone County (26.0%).
Homes in buildings of 5 or more units: 14.5% (±5.7 points) in Wallace, higher than in Shoshone County (6.8%).
Median gross rent: $727 (±$83) in Wallace, lower than in Shoshone County ($943).
- Commute and cars in Wallace
- Renters and owners in Wallace
- Types of homes in Wallace
- Median rent in Wallace
Housing in Wallace at a glance
- Median rent: $727 median gross rent a month
- Rent by bedrooms: $731 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 50.3% of renters pay 30% or more of income
- Renters and owners: 42.4% of households rent
- Income and affordability: $51,492 median household income
- Home values: $232,700 median home value
- Homeowner costs: $1,511 median monthly cost with a mortgage
- Property taxes: $1,468 median real estate taxes a year
- Types of homes: 14.5% of homes are in buildings of 5 or more units
- Bedrooms: 51.6% of homes have 3 or more bedrooms
- Age of homes: 95.1% of homes were built before 1980
- Vacancy rate: 8.9% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 70.0% heat with utility gas
- Commute and cars: 18.3 minutes average trip to work
- Growth: +8.6% residents since 2015–2019
- How long people stay: 16.1% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Wallace against Shoshone County, its state and the nation
| Wallace | Shoshone County | Idaho | United States | |
|---|---|---|---|---|
| Residents | 1,027 (±253) | 13,785 (exact) | 1,934,262 (exact) | 334,922,499 |
| Housing units | 626 (±109) | 7,049 (±51) | 795,014 (±223) | 143,775,355 |
| Households that rent | 42.4% (±11.3 points) | 26.0% (±3.3 points) | 27.9% (±0.4 points) | 34.8% |
| Median gross rent | $727 (±$83) | $943 (±$61) | $1,238 (±$16) | $1,413 |
| Median household income | $51,492 (±$8,220) | $55,527 (±$5,264) | $77,800 (±$743) | $80,734 |
| Median home value | $232,700 (±$35,306) | $267,400 (±$17,875) | $418,600 (±$2,550) | $332,700 |
| Median real estate taxes (a year) | $1,468 (±$317) | $1,334 (±$72) | $2,038 (±$25) | $3,119 |
| Built before 1980 | 95.1% (±7.4 points) | 72.9% (±5.3 points) | 39.1% (±0.5 points) | 49.7% |
| Average commute | 18.3 minutes (±7.2) | 21.6 minutes (±1.8) | 21.6 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 94.2% (±4.0 points) | 88.2% (±2.3 points) | 91.9% (±0.2 points) | 91.0% |
| Median age of residents | 47.0 years (±8.1) | 44.8 years (±0.5) | 37.3 years (±0.1) | 38.9 years |
Wallace covers 0.9 square miles of land, about 1,131 residents per square mile (Census Bureau Gazetteer).
How Wallace has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 946 (±164) | 1,027 (±253) | +8.6% | Not a measurable change |
| Housing units | 611 (±76) | 626 (±109) | +2.5% | Not a measurable change |
| Median gross rent | $701 (±$58) | $727 (±$83) | +3.7% | Down after inflation |
| Median home value | $119,000 (±$17,721) | $232,700 (±$35,306) | +95.5% | Up after inflation |
| Median household income | $36,000 (±$4,982) | $51,492 (±$8,220) | +43.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $958 (±$107) | $1,511 (±$296) | +57.7% | Up after inflation |
| Median real estate taxes | $1,228 (±$151) | $1,468 (±$317) | +19.5% | No measurable change after inflation |
| Households that rent | 52.1% (±8.1 points) | 42.4% (±11.3 points) | −9.7 percentage points | Not a measurable change |
| Rental vacancy rate | 4.9% (±4.7 points) | 8.9% (±10.9 points) | +4.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Shoshone County
Wallace has no police department of its own in the FBI’s figures, so this is the figure for Shoshone County as a whole.
In 2023, the police departments that report for Shoshone County recorded 315 violent and 616 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Wallace
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Osburn | 4.3 mi | $902 | $205,900 | 18.2% |
| Mullan | 5.9 mi | $1,250 | $210,600 | 15.4% |
| Wardner | 10 mi | $1,125 | $312,500 | 49.6% |
| Kellogg | 11 mi | $989 | $250,600 | 51.5% |
| Smelterville | 13 mi | $815 | $154,400 | 22.3% |
| Pinehurst | 15 mi | $915 | $291,900 | 21.6% |
| Thompson Falls | 28 mi | $543 | $266,400 | 26.6% |
| St. Maries | 32 mi | $871 | $236,300 | 37.7% |
Places in Idaho most like Wallace
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Grangeville | $699 | $293,300 | $61,322 | 37.5% |
| Rupert | $856 | $205,200 | $54,741 | 36.3% |
| Gooding | $861 | $186,100 | $41,899 | 39.3% |
| Kellogg | $989 | $250,600 | $50,625 | 51.5% |
| Glenns Ferry | $646 | $197,900 | $51,840 | 32.1% |
| St. Maries | $871 | $236,300 | $60,458 | 37.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Idaho.
HUD Fair Market Rent for Wallace, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $913 | $919 | $1,202 | $1,479 | $2,009 |
HUD income limits for Wallace, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,500 | $30,800 | $49,300 |
| 2 people | $21,640 | $35,200 | $56,350 |
| 3 people | $27,320 | $39,600 | $63,400 |
| 4 people | $33,000 | $44,000 | $70,400 |
| 5 people | $38,680 | $47,550 | $76,050 |
| 6 people | $44,360 | $51,050 | $81,700 |
| 7 people | $50,040 | $54,600 | $87,300 |
| 8 people | $55,720 | $58,100 | $92,950 |
These are the limits HUD sets for its housing programs in the Shoshone County, ID, where HUD’s median family income for fiscal year 2026 is $72,300.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Wallace
What is the average rent in Wallace, ID?
The Census Bureau publishes the median rather than the average: the median gross rent in Wallace is $727 (±$83) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Wallace rent-burdened?
50.3% of renting households in Wallace pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Wallace?
Wallace has an estimated 177 (±68) renting households, 42.4% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Wallace?
The median household income in Wallace is $51,492 (±$8,220) a year (2020–2024 American Community Survey).
What is the average home value in Wallace, ID?
The Census Bureau publishes the median: $232,700 (±$35,306) for owner-occupied homes in Wallace (2020–2024 American Community Survey).
What is the average mortgage payment in Wallace?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Wallace, ID is $1,511 (±$296) a month, including taxes, insurance and utilities.
Is Wallace growing?
In Wallace, the number of residents went from 946 in 2015–2019 to 1,027 in 2020–2024 (+8.6%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Wallace city, Idaho
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wallace city, Idaho
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Wallace city, Idaho
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Wallace city, Idaho
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Wallace city, Idaho
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Wallace city, Idaho
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wallace city, Idaho
- HUD Fair Market Rents, fiscal year 2027: Shoshone County, ID
- HUD Income Limits, fiscal year 2026: Shoshone County, ID
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Wallace city, Idaho (place:84790, in state:16).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .